Daily Archives: November 11, 2011

Good ‘cut to the chase’ article in the Financial Times from Nouriel Roubini on likely outcomes facing the European union staggering under debts far and wide: “…since half of the European financial stability facility’s resources are already committed to Greece, Ireland, Portugal and … Continue reading →

Former high-flying lobbyist Jack Abramoff explains why members of Congress consistently beat the market. “They have information that other people don’t have,” he tells CNBC’s Eamon Javers. Abramoff was convicted of mail fraud and conspiracy in 2006. If your browser … Continue reading →

With the more sober bond markets closed for Remembrance Day, the stock market is today partying again like drunken teenagers unchaperoned for the night. Hangovers to follow. Keeping an eye on reality, we note that Jefferson County, Alabama filed the largest municipal … Continue reading →